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eisenhower's progressive conservative. he believed largely in a balanced budget and he was against deficit spending but he also believed the government had a positive role to play. the interstate highway system, which eisenhower -- which was eisenhower's brainchild. [applause] more money was spent on the intraday -- interstate highway system than the new deal from 1839 to 18 to 41 with zero impact on the budget because it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. presi
would've been an increasing trade deficit it's about 67% has come from productivity gains. i think of it a bit as agriculture. food was 25% of gdp. it fell to 10. that power and the productivity gains in manufacturing today powered the growth in the service economy. >> host: just to stay manufactured for second. the 1 dollar versus $19 i'm not sure it is, that is one type of manufacturing, and in many areas u.s. workers are much more productive so i think the reason we so they're pretty robust, albeit declining manufacturing sector is there are a lot of areas where u.s. workers are way more productive. so the difference in pay is offset by the productivity. >> guest: we produce more and more goods and more and more value added. >> host: the other thing you mentioned earlier was he you mentioned intel. one of the reasons why i think that we have been successful in the high-tech sectors and the internet is, in fact, we have both manufacturing and software and sort of the server-side of the industry here, so that even apple which we think of as make everything in china but a lot of th
Search Results 0 to 1 of about 2